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Search Result for “king rama 10”

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BUSINESS

Gold climbs to near three-week high after US, Iran agree to ceasefire

Reuters, Published on 08/04/2026

» BENGALURU — Gold rose to a near three-week high on Wednesday as oil prices and the dollar fell sharply after the United States and Iran agreed to a two-week ceasefire as talks began on ​a permanent end to the ⁠war.

BUSINESS

Brazil blacklists BYD for slave labour conditions at its biggest plant outside China

South China Morning Post, Published on 08/04/2026

» RIO DE JANEIRO — Brazil's labour ministry on Tuesday added Chinese electric vehicle (EV) giant BYD (Build Your Dreams) to a registry of employers found to have subjected workers to conditions analogous to slavery, limiting access to state financing and increasing reputational risks in its most important market outside China.

BUSINESS

Crude prices plunge, stocks surge as US and Iran agree ceasefire

AFP, Published on 08/04/2026

» HONG KONG — Oil prices plunged on Wednesday while stocks rallied after the United States and Iran agreed to a two-week ceasefire that will see Tehran temporarily reopen the vital Strait of Hormuz.

BUSINESS

Treasury mulls overseas coin production as costs escalate

Business, Wichit Chantanusornsiri, Published on 08/04/2026

» The ongoing conflict in the Middle East has pushed up the Treasury Department's coin production costs, raising the possibility that 1-baht coins may eventually need to be minted overseas, where production costs are lower.

BUSINESS

Stocks under pressure as energy crisis bites

Business, Nuntawun Polkuamdee, Published on 08/04/2026

» Thailand's equity market is expected to come under pressure as surging diesel prices raise concerns over economic growth and corporate earnings, although easing geopolitical tensions may help cushion downside risks, analysts say.

BUSINESS

Eastern Star targets 10% revenue growth

Business, Kanana Katharangsiporn, Published on 08/04/2026

» SET-listed developer Eastern Star Real Estate aims to achieve 10% revenue growth to 2.2 billion baht, focusing on segments with strong sales potential, tightening cost control and doubling cash flow.

BUSINESS

Epac cuts ex-refinery prices by 2 baht per litres

Yuthana Praiwan, Published on 07/04/2026

» The Energy Policy Administration Committee (Epac) has resolved to reduce ex-refinery prices by 2 baht per litre, a move expected to lower domestic diesel prices by 2.14 baht per litre by this Friday.

BUSINESS

US fund Pershing Square launches takeover bid for Universal Music

AFP, Published on 07/04/2026

» PARIS — American hedge fund Pershing Square, led by the activist investor Bill Ackman, announced Tuesday that it had offered to buy Universal Music Group in a merger, saying it believed the music giant was undervalued by stock markets.

BUSINESS

South Korea eases Chinese travel visas but Southeast Asia rivals, Iran war cloud outlook

South China Morning Post, Published on 07/04/2026

» Repeat short-haul visits by Chinese travellers to South Korea are expected to rise after Seoul eased multiple-entry visa rules, but analysts say the immediate impact may be limited because of growing competition from Southeast Asia and higher airfares linked to the US-Israeli war in Iran.

BUSINESS

Asian airlines trim schedules and carry extra fuel as supplies tighten

Reuters, Published on 07/04/2026

» HONG KONG/SINGAPORE - Airlines across Asia are cutting flights, carrying extra ​fuel from home airports and adding refuelling stops as the Middle East conflict squeezes jet fuel ‌supply in some countries, adding to pressure on an industry already hit by a sharp jump in fuel costs.